AdLINK Internet Media AG

EANS-Adhoc: AdLINK Internet Media AG: Fiscal year 2009 with sales of EUR 135.3 million and adjusted EBITDA of EUR 11.8 million

@@start.t1@@--------------------------------------------------------------------------------   ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro   adhoc with the aim of a Europe-wide distribution. The issuer is solely   responsible for the content of this announcement. --------------------------------------------------------------------------------@@end@@

24.03.2010

Montabaur, March 24, 2010. AdLINK Internet Media AG (AdLINK Group) today announced its consolidated business figures for fiscal year 2009. While earnings (adjusted for special items) remained steady at the prior-year level, sales fell - in line with expectations - in comparison with prior-year figures still largely unaffected by the adverse economic conditions.

Consolidated sales were down 5.4% from EUR 143.0 million (comparable prior-year figure after sale and deconsolidation of Display Marketing business) to EUR 135.3 million. Ordinary earnings before interest, taxes, depreciation and amortization (EBITDA) fell by 0.8% from EUR 11.9 million (comparable prior-year figure) to EUR 11.8 million. Ordinary earnings before taxes (EBT) amounted to EUR 6.6 million (comparable prior-year figure: EUR 6.6 million).

Including non-recurring income of EUR 12.7 million from the sale of shares in Hi-media and Goldbach Media, EBITDA grew by 105.9% to EUR 24.5 million, while EBT rose to EUR 19.3 million. After consideration of the non-recurring income and a disposal gain of EUR 22.1 million from the sale of the Display Marketing segment to Hi-media, consolidated net income increased from EUR -13.9 million to EUR 36.4 million. Earnings per share (EPS) improved from EUR -0.53 in the previous year (incl. EUR -0.55 from write-downs on investments and EUR -0.13 from discontinued operations) to EUR 1.36 (incl. EUR 0.48 from positive special items and EUR 0.79 from discontinued operations).

As a result of the sale of shares in Goldbach Media and Hi-media, the AdLINK Group´s net borrowing was fully redeemed.

In view of the fact that market conditions remain difficult, the Management Board expects sales to reach around EUR 125 million in fiscal year 2010, while earnings will remain steady at the prior-year level (before special items).

Following the sale of the Display Marketing business operated under the AdLINK brand and the subsequent repositioning of the company in 2009, the Management Board and Supervisory Board will propose to the Annual Shareholders' Meeting in May that the company be renamed Sedo Holding AG. The two operating brands "Sedo" and "Affilinet" will continue to be positioned independently on the market and in their respective target segments and will be strengthened by investments in the brand and in product development.

@@start.t2@@|Annual comparison in EUR        |Jan. - Dec.    |Jan. - Dec.    |Change            |
|million                                  |2008                |2009                |                      |
|                                              |                      |                      |                      |
|Sales                                      |143.0              |135.3              |-5.4%              |
|EBITDA*                                  |11.9                |24.5                |105.9%            |
|EBITDA* (without special        |11.9                |11.8                |-0.8%              |
|items)                                    |                      |                      |                      |
|EBT                                         |-7.7                |19.3                |350.6%            |
|EBT (without special items)  |6.6                 |6.6                 |0.0%                |
|Net income                              |-13.9              |36.4                |361.9%            |

* EBITDA, i.e. the result from ordinary activities before depreciation, amortization and write-downs for slow-moving domains@@end@@

@@start.t3@@end of announcement                                                 euro adhoc
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ots Originaltext: AdLINK Internet Media AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Marcus Schaps
Head of PR
AdLINK Internet Media AG
Elgendorfer Str. 57
56410 Montabaur
Germany
Tel: +49 (0) 2602 - 96 1319
Fax: +49 (0) 2602 - 96 1013
E-mail: presse@adlinkgroup.net

Branche: Online
ISIN:      DE0005490155
WKN:        549015
Index:    TecDAX, Prime All Share, Technology All Share
Börsen:  Frankfurt / regulated dealing/prime standard
              Berlin / free trade
              Hamburg / free trade
              Stuttgart / free trade
              Düsseldorf / free trade
              München / free trade



Weitere Meldungen: AdLINK Internet Media AG

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